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February 2nd, 2022: IWM and QQQ Chart Update

Posted by pugsma on February 2, 2022

8:50 am EST: A quick IWM and QQQ 60-min Chart update after the open. IWM looks particularly weak, just barely retracing above 23% Fib of 201.05 versus the QQQ reaching close to the 50% Fib at 271.43 and SP500 reaching near the 62% Fib of 4593.

IWM 60-min chart:

IWM Technical Analysis

QQQ 60-min chart:

QQQ Technical Analysis

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